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African Eurobond Selloff Extends for Third Day Amid Rising US Treasury Yields

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Vincent Nwanma

Vincent Nwanma is a seasoned analyst, columnist, and reporter with over 30 years of experience in business and economics journalism across Nigeria and Africa.
  • African bonds compete with surging US Treasury yields, driving selloff
  • Nigeria considers new issuance as Eurobond yields rise above 10%

Lagos, Nigeria – A selloff of African Eurobonds continued for the third consecutive day on Wednesday, as the region’s bonds faced competition from higher yields on US Treasuries.

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